Two-Bedroom
For Sale
$250,900
2108 WHITEHALL #1B, Frederick, MD 21702
A fireplace, private balcony, and in-unit laundry complement this two-bedroom, two-bathroom residence.
Property Size1,099 SF
Price / SF$228.30
Days on Market14
Property Features for 2108 WHITEHALL #1B
General Information
Standard status
Active
Size
1,099 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
fireplace
private outdoor balcony
in-unit laundry
assigned parking
guest parking
Building Details
Year Built
1991
Listing Agency:
Kelley Real Estate Professionals
(301) 371-4415
Listed By:
Owen Michael Noble · License #5021588
(301) 667-4081
Source:
Cummingsrealtors
Added: Sep 22
Changed: Oct 4
Last Checked: Oct 5 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelley Real Estate Professionals
Investment Insights
Based on property information with market context.
This 1,099-square-foot condominium, built in 1991, has two bedrooms and two bathrooms. Luxury vinyl plank flooring runs throughout, and the living area includes a fireplace. Three patio doors bring natural light into the unit and open to a private balcony. Laundry is located inside the residence.
The community is less than a mile from Fort Detrick and approximately 2 miles from Lake Whittier. Bus stops, shops, restaurants, and everyday services are also nearby. Assigned resident parking and guest spaces are available. The association fee includes common-area maintenance, lawn care, and snow removal.
The community is less than a mile from Fort Detrick and approximately 2 miles from Lake Whittier. Bus stops, shops, restaurants, and everyday services are also nearby. Assigned resident parking and guest spaces are available. The association fee includes common-area maintenance, lawn care, and snow removal.
Key Highlights
- Two bedrooms and two bathrooms in 1,099 square feet
- Built in 1991
- Private balcony accessed through three patio doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,953
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,060
$299.1K
Cap Rate 7%
$213,614
$213.6K
Cap Rate 9%
$166,144
$166.1K
Market Conditions
NOI Build-Up for 1,099 SF
Gross rent
$28.6K $26.04/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$27.2K $24.74/SF
− OpEx
−$12.2K −$11.13/SF
NOI
$15.0K $13.61/SF
Area
Frederick County, MD
Vacancy
5.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,060
Cap Rate 7%
$213,614
Cap Rate 9%
$166,144
Alternative Uses
Best Use
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,953 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$407.2K
$356.3K – $475.1K
NOI $28,506 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Explore this area
Business Placement
Demographics for 21702, MD
46,412
Population
18,677
Households
2.5
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
41.7 sq mi
ZIP Area
1,113
Density / Sq Mi
$104,659
Median Household Income
$55,937
Median Earnings
$1,722
Median Rent
$384,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A fireplace, private balcony, and in-unit laundry complement this two-bedroom, two-bathroom residence.
Where is this residential income property located?
The property is located at 2108 WHITEHALL #1B Frederick, MD.
What is the asking price?
The asking price for this property is $250,900.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 1,099 square feet; Built in 1991; Private balcony accessed through three patio doors
